UOB Personal Loan

UOB Personal Loan

UOB Personal Loan

UOB Personal Loan

Per MonthS$441
Apply Now
Back to all Personal Loan
FASTEST FULFILMENT | AS FAST AS 4 WEEKS*
UOB Personal loans are easy to apply if you are a UOB customer. Enjoy instant approval if you apply online during business hours of 8am-9pm. Get attractive interest rates from 2.88% for all loan amount and tenure!
From 2.88% p.a.
Interest Rate*
S$10,576
Total Amount Payable
S$0
Processing Fee
MoneySmart Exclusive

[FASTEST GIFT FULFILMENT]
Get up to S$1,200 Cash or attractive gifts worth up to S$1,399 like an Apple iPhone 16 Plus 128GB in AS FAST AS 4 WEEKS, when you apply for UOB Loan. T&Cs apply.

Valid until 30 Jun 2025 - See more details below

Are you eligible?

    • Promotion is valid from 09-June-2025 till 30-June-2025

    • Customers must apply through MoneySmart to be eligible

    • Log into your MoneySmart account and submit your claim by 7th July 2025

What you need to know

  1. *FASTEST GIFT FULFILMENT: Please note that gift will be fulfilled as fast as 4 weeks* after the end of the campaign period (30 June 2025).

  2. Receive your rewards when you get approved for a min. loan amount of S$8,000 with a tenure of 1 to 5 years. T&Cs apply.

  3. S$8,000 to S$9,999 Loan Size:
    Incentive : S$120 Cash via PayNow 

  4. S$10,000 to S$14,999 Loan Size:
    Incentive : S$180 Cash via PayNow 

  5. S$15,000 to S$19,999 Loan Size:
    S$300 Cash via PayNow or Apple AirPods Pro 2nd Gen (worth S$349)

  6. S$20,000 to S$29,999 Loan Size:
    S$400 Cash via PayNow OR Apple 11-inch iPad Wi-Fi, 128GB - A16 Chip, 2025 (worth S$499)

  7. S$30,000 to S$49,999 Loan Size:
    S$600 Cash via PayNow OR Apple Watch Series 10 GPS, 42mm (worth S$599)

  8. S$50,000 to S$79,999 Loan Size:
    S$800 Cash via PayNow OR Apple 11-inch iPad Air Wi-Fi 128GB (worth S$899)

  9. S$80,000 and above Loan Size:
    S$1,200 Cash via PayNow OR Apple iPhone 16 Plus 128GB (worth S$1,399)

  10. * Enjoy Affordable Interest Rates from 2.88% p.a. (EIR from 5.43% p.a.)

T&Cs
FAQ
Claim Form

Quick Facts

Best For

Cashback promotion

Loan Approval Time

Instant approval between 8am to 9pm (if you use UOB current/savings account for loan disbursement)

Loan Disbursement

Instant cash disbursement

Guaranteed Interest Rate?

Yes

Expert Tips

You will need to have a UOB credit card/cashplus to apply for a UOB personal loan. If not, you can apply for UOB card + personal loan together in one form at MoneySmart, but it will take a longer time to process.

All Details

Back to all Personal Loan

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Per Month
S$441
Apply Now

UOB Personal Loan Benefits 2025

As one of Singapore’s leading banks, United Overseas Bank Limited (UOB) offers a range of financial products and services tailored to everyday needs—including the UOB Personal Loan. Whether you’re planning a big-ticket purchase, consolidating, managing unexpected expenses, the UOB Personal Loan yields a competitive edge, standing out to prospective borrowers with its attractive interest rates (from 2.88% p.a.), flexible repayment tenures, fast approval, and more.

Read on to learn more about the UOB Personal Loan, its requirements, and compare it against its closest competitors.

Pros & Cons of UOB Personal Loan

Pros ✅

  • Competitive interest rates from 2.88% p.a.
  • Convenient online application with SingPass for quicker application
  • Up to 5 years loan tenure
  • Waiver of processing fees (for all tenure)
  • Instant approval + cash disbursement if application submitted between 8am to 9pm using UOB current/savings account
  • As low as $20 monthly repayments*
  • Low minimum loan amount from $10,000


*Amount based on approved $1,000 loan at 2.88% p.a. interest for 60 months tenure

Cons ❌

  • Loan tenure is capped at 5 years, as compared to other loans at 7 years
  • 2.88% p.a. isn’t the lowest, most competitive interest rate on the market
  • Not eligible for foreigners
  • Requires a valid UOB credit card or UOB CashPlus Account to apply

    • Check Out Our Review Of UOB Personal Loan In This Article!

    Read More

    How to Apply for the UOB Personal Loan?

    After you’ve ascertained that you meet the relevant requirements to apply for the UOB Personal Loan, follow these steps to kickstart your application:

    Step 1

    Apply via MoneySmart’s UOB Personal Loan page


    You may begin your application clicking on the UOB Personal Loan Apply Now button.

    If you choose to apply online via SingPass MyInfo, UOB will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.

    Step 2

    Provide all documentation required


    Existing UOB credit card or CashPlus, new-to-UOB credit card, and new-to-UOB CashPlus customers are welcomed to apply for the UOB Personal Loan. Simply ensure that all accounts and particulars (including income) are up-to-date.

    Hence, as an existing customer, no further documents will be needed.

    Step 3

    Select your monthly repayment plan


    Decide on your required amount before picking the suitable plan and also pick your preferred UOB or non-UOB bank account to receive your funds, or provide the details of your other bank accounts.

    Step 4

    Review and confirm details


    After completing the application form, you will likely be directed to a review and confirm page.

    Carefully review all the information you have entered throughout the application process. This includes:

  • Personal details like your name, NRIC, email, etc.
  • Loan details such as requested loan amount, loan tenure (repayment period), interest rate, and monthly repayment amount

    • Bank account details which you have to ensure that the chosen bank account number for receiving the loan funds you've provided is correct.
    Step 5

    Receive your cash disbursement quickly


    The cash loan amount should be disbursed to your designated savings account upon successful approval.

    Frequently Asked Questions about UOB Personal Loan

    Are there any fees if I take up the UOB Personal Loan?

    UOB does not charge any annual fee or processing fees.

    Am I eligible for the UOB Personal Loan?

    If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the UOB Personal Loan, as long as you’re aged 21 to 65, and earn a minimum annual income of $30,000.

    Foreigners are not eligible for this loan at the moment.

    If I’m late for my monthly instalment, how much do I have to pay?

    The late payment fee for UOB Personal Loan ranges varies, depending on where it’s taken from.

    If taking the loan from your UOB credit card’s existing limit, the late payment fee will be $100.

    If taking the loan from UOB CashPlus, which is a credit line, the late payment fee will be $120.

    Note: Finance (or overdraft) charges are accrued daily until full monthly instalment payment is received. All charges accrued will be posted even if the outstanding amount has been cleared.

    When will I receive the approved loan amount in my bank account?

    Your application will be reviewed by UOB upon submission. If your application is done online, you’ll receive your loan amount instantly upon approval of your loan.

    Note: Funds for UOB Personal Loan cannot be disbursed to your UOB credit facilities (e.g. UOB credit card, UOB CashPlus account).

    Why did I receive a lower loan amount than requested on my application?

    Approved loan amounts are subjected to UOB’s review and can be adjusted lower than initially requested. So do manage expectations accordingly.

    I am an existing UOB credit cardholder, will taking the UOB Personal Loan affect the credit limit of my card?

    Yes, UOB Personal Loan offers the option to draw from either your existing UOB credit card limit or from their credit line, CashPlus.

    Hence, taking the loan using your existing credit card limit will directly reduce its available limit. Keep in mind, missed or late instalment payments can also penalise your credit score as a result.

    Are there any charges if I cancel my UOB Personal Loan tenure?

    Yes, if deciding to cancel your UOB Personal Loan, a cancellation fee of $150 or 3% of your loan’s outstanding balance applies.